Question: Question 7 Consider a POQ model as follow: Set-up cost: $20 per set up Holding cost: $0.02 per unit per day Annual Demand: 25,550 units

Question 7 Consider a POQ model as follow: Set-up cost: $20 per set up Holding cost: $0.02 per unit per day Annual Demand: 25,550 units Production rate: 90 units per day Determine the production order quantity, and the length (in days) of each inventory cycle. (1 year = 365 days) 2DS Formula: 23 VH[1-(d/p)]

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